IoT Chips Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

IoT Chips Market is segmented By Hardware (Processor, Sensor, Connectivity IC, Memory Device, Logic ...

IoT Chips Market Size

Market Size in USD Bn

CAGR15.00%

Study Period2025-2032
Base Year of Estimation2024
CAGR15.00%
Market ConcentrationHigh
Major PlayersIntel Corporation, Samsung Electronics Co. Ltd, Qualcomm Technologies Inc., Texas Instruments Incorporated, NXP Semiconductors NV and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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IoT Chips Market Analysis

The IoT chips market is estimated to be valued at USD 620.36 Bn in 2025 and is expected to reach USD 1415.005 Bn by 2032, growing at a compound annual growth rate (CAGR) of 15.00% from 2025 to 2032. The widespread adoption of IoT devices across various industries such as manufacturing, healthcare, retail and automotive is driving IoT chips market.